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, let's bring in edward kenard, former partner of bain capital and perhaps the most famous private equity firm in history. also the author of "unintended consequences," why everything you've been told about the economy is wrong. and columnist for "harper's" magazine and author of "the age of greed," thank you both for joining me tonight. look ed, i want to quote from an article you wrote just a couple of days ago that was published on bloomberg. first sentence was the u.s. is holding a debate critical to its future, whether it is a tax redistribute and consume income that would otherwise be invested. i disagree with that statement. that premise. please explain why the trade-off is being made. do it quickly because i want him to respond. >> the top 5 pg&e of households save about 40% of their income. and so that's really the income that would be invested so when you tax that -- those households, you're really taxing the households that produce the equity, invest the equity and hold the equity in our economy. that unde
of the man with the golden throat a spokesperson on this hour, which i applaud you. >> where is john edwards? >> john edwards. >> getting a haircut. >> if there was an oil painting of john edwards -- the haircut's not the first thing they'd mention. nbc's -- >> john edwards has an oil painting of himself in his house, i bet money on that. >> she didn't say oily. >> the seasonally elegant luke russert, thank you for joining us. and cnbc's john harwood, thank you. >>> fast-food works are joining thousands of low-wage earners in a day of solidarity. our super sized income problem in america ahead on "now." >>> time for the "your business" entrepreneur of the week. lauren wanted to introduce the cabbage dish to mainstream america. using former skills a marketer she created mother-in-law's k kimchi. the product carried in whole foods and pressure markets. watch "your business" this sunday morning at 7:30 on msnbc. [ male announcer ] now's the perfect time to buy an adjustable version of the most highly recommended bed in america. the tempur-pedic ergo system. treat yourself to the ultimate sleep
. they travel everywhere. my grandmother, merced, nina played the piano and read poems, while edward read the poems besides playing the fiddle and violin, behaved like an avant garde composer, moving around furniture. according to the journalist were a dynamic duo that rescued the famous hotel sevilla from dereliction in 1919. they also constructed the biltmore neighborhood where many irish american families have homes. when i said irish americans, i go back to the americas, irish-spanish americans and french-irish, et cetera, and my own family live there. other famous irish american personalities at the time were, for example, in the news world the e. f. obrian, the editor of the times of cuba and in the cuban roman catholic church, father moynihan, no relationship to my grandmother, loved for his kindness and great sense of humor. born in the 20's in havana were of irish descent. they were fran emilio. he was entirely blind by the age of 13 but learned gerschwin's rhapsody in blue by using braille scores. he was also one of the major instrumentalists of the feeling -- many of you recol
. the prince went to see her this morning at london's king edward viii hospital named after his great great grandfather. mark edwards is there. >> reporter: good morning, norah. good morning charlie. the medical bulletin this morning, there is no medical but thein. bulletin. kate is in this hospital. she is, as you say, with prince william. she is suffering from a very acute form of morning sickness. said to be very uncomfortable to her. but at this stage not a threat to the pregnancy. prince william has come back here again this morning. this seems to be a pregnancy that the whole world is living through as well. prince william, who had taken his wife to the hospital stayed with her until late last night before leaving. his wife's condition will no doubt, be a concern for him. but doctors say kate should respond to treatment. >> it's just a severe form where you could keep down fluids not even water. and that can, obviously, become dangerous. you can become dehydrated and the aim of the admission is to rehydrate through intravenous fluids. >> reporter: kate was showing
edward klein joined booktv at freedom fest to talk about his new york times best selling book "the amateur". he looks critically at president obama before and after he reached the white house. here is what he had to say. >> the book currently on your screen has spent several weeks on the new york times best-seller list, many weeks at number one. "the amateur" has been written by edward klein who is our guest, booktv on c-span2. where did you get a title for this book? >> guest: it came from a meeting bill clinton had in chapel:00, new york, north of new york city where he has a home. this was back in august of 2011. his wife, his daughter and a bunch of friends to meet with him because he had news. he had done a secret poll in 2011 and polls showed if hillary clinton would challenge barack obama for the democratic presidential nomination in 2012, he thought she could win. she was surprised by all this. she said what can i do? secretary of state, i have lunch with the man every thursday. what about loyalty? he said there is no such word as loyalty in politics. he went on to say the
written by edward cline, who is our guest on booktv on c-span2. where did you get the title for this book. >> it came from a meeting that bill clinton had in chappaqua new york, north of york city where he has a home. this is back in august 2001. he invited several gas and it showed that he wanted to challenge the president and she is surprised by all this. and she said though, how can i do this, and the secretary of state. i have the ones with the miniver thursday. what about loyalty? and he said, there is no such word as loyalty in politics. he then went on to say that the people. the aaa credit rating of the united states, the barack obama was, in his words, an amateur. i spoke to people at that meeting. when i heard that, i said, that's the perfect title for this book, "the amateur." >> president clinton has denied publicly that he has used that term. >> i will tell you an interesting story. he has denied it, but hillary has told his friends that she suspected that of all people, chelsea had told me about this. now, that's not true. i've never met chelsea clinton. but apparently she h
were taken by the photographer, edward steichen, in 1903. he was just starting out as a photographer and morgan was sitting for a portrait--having his portrait painted. and he hated to sit still for very long, so alfred stieglitz, who was a very famous photographer, decided that morgan should have a photo--the painter should have a photograph to work from, and hired edward steichen, who was just starting out in his career, to do it. steichen came in--he actually posed a janitor in the shot while he set it up to get it ready for morgan. morgan blew in, sat down very quickly, took the pose that he always took for the portrait painter, and steichen made the quick exposure and took that shot. however, he didn't really like the pose. he thought it was too formal, too self-conscious, and he asked morgan to rearrange himself a little bit, to move his head slightly to one side and get in a more comfortable position. morgan was not pleased to be told to rearrange himself a little bit, so he bristled a bit. and steichen immediately saw that this was the morgan--he saw these sort of piercing ey
wanted to talk to you, because i said i would really like to talk to chief edwards, because your town, like newtown, we are hearing the language that you don't expect it to happen, right n a community that people think of as safe in a space, and either religious space or elementary school where you feel safe, and what is your message to the people of newtown this morning dealing with such a similar circumstance? >> first of all the thoughts and players of everybody in the milwaukee area, and au -- oak creek, because i cannot imagine what they are seeing and going through with the loss of the children. but it is one of the things that the community in which you live in and feel safe, and it is a nice community, and very similar community to ours as far size and population, and everything is similar. when something happens in an area that everybody deems is a safe area, whether it is a school or a temple, it is shocking. and it all depends upon the communi community. the community has to get together for support. the grieving process is a different issue, and a different component, and
to submit those. >> we'll leave the record open for ten days, so ordered ms. edwards? >> i'm going to yield some of my time to -- >> oh, i'm sorry. >> with that, mr. chairman, i'll yield the rest of my time to mr. denham. >> ideas, and then -- you're recognized, and then we'll go to ms. edwards. >> has the administration taken the position to waive nepa? >> not that i know of. >> have you had decision of it? >> i've had no discussion about it. >> have you had discussions with the governor in the way of sequa? >> no, sir. >> so when the federal government wants to avoid some of the lawsuits, get something done on time, certainly from a state perspective a governor who has decided to waif -- waive nepa to get at&t park done or build a football stadium, i would think that the two parties wanting to get high-speed rail as the number one priority would look at rather than having duplicative regulation and going through nepa that we would try to streamline it at some point so that this 98 flubbing waiting to $68 billion can actually get narrowed down to a specific. do you have any thoughts or com
in this cell phone video. officer edward norton jumping into freezing waters after he spotted a woman who had somehow fallen in. as you look at this, bear in mind, the officer was weighed down the whole time by his bulletproof vest. >> she kept saying stuff like, you know, i can't hold on, i can't hold on. >> she did hold on and they got out of there safely. there is an interesting postscript for the officer. after getting out of the cold water, he got into some hot water with his wife. he lost his wedding ring during the rescue. >>> now, to a moment that one family is calling the best christmas present ever. it happened at the airport in phoenix, arizona, and it's our video of the day. you are looking at a family reuniting with their dog, kane, who had been missing for nine months. they had pretty much given up hope, but then, out of nowhere, they got a call this weekend that kane was found walking along a road in oregon, more than 1,000 miles from his home. he was identified by a microchip that had been implanted and set back home. >>> and finally, our number, as we track santa's your gee a
edward kennedy jr. is seriously considering a run for the seat. if kennedy enters the race he may become a favorite who could beat scott brown. >>> $9 million down the tubes. mitt romney was the first non-incumbent president who got federal government money under a law passed by congress in 2010 for preparations for a transition to the white house. that $9 million has been spent on a transition that will never happen. >>> and that's your morning dish of scrambled politics. >>> now it's time for a holiday tradition around here. and only a matter of days, santa claus will be climbing into a sleigh and traveling all around the world courtesy of eight tiny reindeer. nbc's bob redell is in north pole, alaska, where they are getting set for a big sendoff. bob, good morning. >> reporter: good morning to you. i got to tell you, those things are a little bit different this year. normally santa's sleigh here in front of his house would already be partially filled with toys. clearly, that is not the case. part of the issue is, the temperature. it is minus -- i'm not kidding here. minus 48 degrees.
edward vii hospital. kate middleton inside, right now. mom-to-be. and lara is there in london, with the very latest this morning. good morning to you, lara. >> good morning to you, josh, from outside buckingham palace. and williams' mother, princess diana, really did set a new standard when it came to raising a future heir. so, what has kate learned from her? we're going to look at that, just ahead. elizabeth? >> all right, lara. thank you so much. >>> first, let's get right to that incredible police dash cam video out of texas. it began as a routine traffic stop until the officers heard a scream from inside the car's trunk. the arrest, the rescue, all of it caught on tape. and abc's john muller has the entire story. >> reporter: this police dash cam video, capturing a routine traffic stop, that's about to become anything but routine. what cops don't know yet, there's a man tied up in that trunk, fearing for his life. that man, 22-year-old shawn bloomer, seen here in his twitter picture. police say these three kidnapped blomer from his job in august. he was beaten and stuffed
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times by everybody at king edward seventh hospital. meanwhile the hospital is reevaluating its phone protocol. we want to be clear it's the nurse that transferred the call not the one that gave the intimate details of her care that actually was found dead. >> what about the radio host who pulled this prank off. >> as you mentioned they are off the air at least for now. report this station has come under fire for on air antics. the station manage. saying of these two hosts they are both deeply shocked and at this time agreed not to comment. the will not return to radio show until further notice out of respect for what can only be described as a tragedy. the station extended deepest sympathies to the family of that nurse. shepard, we have learned she is a mother of two. shep? >> shepard: jamie colby in the newsroom, thanks. the eccentric computer guru john mcafee is out of the hospital and back behind bars. you probably know the guy as the founder of the mcafee security software. he he founded it. got millions of computers nationwide hooked up to it police in guatemala caught him after
" magazine edward lindgren. jansing and company's chris jansing joins us now. you have been on the road a lot this year to some very terrible places in the wake of some very serious american tragedies, but this one, if i dare say it, seems a little bit different. give us your sense of your take on the move -- as far as the mood on the ground and how the community is reacting m days since the tragedy. >> alex, it would be difficult to even begin to try to express the depth and the breadth of the pain that this community is feeling and will feel all weeklong. the first of a series of funerals is getting underway right now. i'll show you a page from the local paper, and there are two pages of obituaries of children. we've just learned that governor dan malloy has shown up at the funeral of little noah, 6 years old, noah posner, who has a twin and an 8-year-old sister, and there was a heartbreaking question asked in his obituary. how do you capture the essence of a 6-year-old in just a few words? when i first came here on friday, alex, i was talking to the local priest. they lost ten young parish
be obligated. >>> some bravo now to a chicken restaurant manager in kansas city. edward turner was on duty when three would-be robbers came into his store sunday night. one pulled a gun and demanded some cash. turner grabbed the gun and the suspects beat a hasty retreat. turner said he's just glad the gun is off the streets and could not be used in another robbery attempt. brave manager there. >>> severe weather, including a possible tornado, has damaged homes, mobile homes -- damaged dozens of mobile homes in central florida. the storm hit around dinnertime yesterday as tornado warnings popped up over the state. residents had what appeared to be a tornado touchdown for 30 seconds, ripped off roofs and smashed windows. >> could be more severe weather in central florida with wind gusts of 70 miles per hour. upstate new york and new england will start the day with rain, snow mix and seattle will see rain. >> temperatures in the upper midwest are rebounding from that extreme cold. minneapolis is warmer than usual at 36. denver is going to be near 60 after a weekend in the 20s. honolulu and miami a
was initiated with edward reilly and joan walker of allstate, and post the economic crisis, we decided to see what the american public's% since were as to what was happening in their lives and the economy. part of the notion over the years, it is to give voice to middle-class and american public opinion as to what is happening with our economy and their lives. we have conducted literally over 25,000 interviews, the last four years, so there is a repository year of data which is a korea -- which is extraordinary, which is available, and i really recommend it to all of you at as a database that gives a pretty good sense of what the public has been thinking and gives a voice to the middle class. the survey we're talking about the day that edit riley is going to present has a different orientation, more toward what does the public want to see done as opposed to what do they think and how did a few things ir to-do it is ther list, not limited to just worrying about the debt and the fiscal cliff and such. our program today, i am welcoming you. stonewall clerk will welcome you as well. and riley wil
, including making it possible for us to hire such extraordinary people like steve edwards and been restored and all of the other people -- and ben reeseberg and all the other people. [applause] you have been wondering what i have been doing and i have been wondering what you have been doing. [laughter] >> those who were disappointed by this outcome, the democrats elated by this outcome -- given the conventional wisdom around this campaign, the president's approval ratings that were barely above 50%, often dipping below it, the unemployment around 8%, gdp growth stock of around 2% -- the conventional wisdom was that should -- that this president should not be reelected. as you take a look at what happened two weeks ago, how do you assess this? >> let me just say first that i made a very good living and politics betting against conventional wisdom. it is a general principle of mine that the conventional wisdom is almost always wrong and it was wrong here. it was wrong here because what we often do in political circles and journalism is that we look at what happened in the last election or pas
time. >> since queen victoria to king edward ii. it is extraordinary, this tradition. the primary function of a royal wife is the production of an heir and a spare very quickly. we are not surprised kate middleton is pregnant. they had to get the jubilee and the olympics out of the way. martha: they seem to be right on schedule. it seems like it's when we heard it would happen. >> she is 31 in january. it's been bump watch. there was a peanut butter paste she refused to eat last year so people were suggesting she might be pregnant. martha: so if it's twins, the doctor will sort of decide which baby to pull out first and that the heir. >> absolutely. that's a big rule change. this baby will make royal and constitutional history. it used to be the male would take precedence. girls make better queens, anyway. martha: we could talk about this forever. i'll talk to you soon. we'll see you soon. bill? bill wishes he was doing this segment. bill: the tax man is coming. 158 pages of new rules connected to obama-care. and the west coast has been hammered. folks bracing for yet another stor
edward vii hospital is most likely revving up their phone security this morning, after an australian disc jockey called, reportedly pretending to be the queen and connecting with one of kate's personal nurses last night. >> she's sleeping at the moment. and she has had an uneventful night. >> when is a good time to come and visit her because i'm the queen. >> i would suggest that any time after 9:00 would be suitable. >> reporter: but it was all smiles for william last night as he emerged from the hospital here in london, after spending six hours by his wife's bedside. his expression, much happier than when he arrived. and this morning, kate is reportedly being treated by the queen's doctors. the palace saying in a statement, she is, quote, continuing to feel better, as she battles hyperemesis gravidarum. an acute form of nausea that the palace added kate and william are grateful for the good wishes they have received. >> there's been an outpouring of support for the couple. and that made them feel, perhaps, a bit more positive. and excited. >> reporter: kate's parents, carole and michael
chief exec., king edward vii hospital: >> it is with great sadness that we reported death of our nursing staff. >>catherine: that hoax call was heard around the world. >> radio dj: could i speak with kate please? >>catherine: the hosts of an australian radio show say they never expected the prank call would get anywhere. but it did. jacintha saldanha transferred the call.a different nurse went on to give out confidential information on how the duchess was doing. people were divided on whether the prank was relatively harmless or crossing the line. but no one expected this. the hospital boss claims everyone was supportive of the nurses involved. a royal source says the palace never complained to the hospital. now the radio station's facebook page has been bombarded with angry comments. one saying "blood is on your hands." the d-j's have been taken off the air indefinitely. jacintha saldhanha was a wife and mother of two. a coroner will make the official finding on how she died. finally some good news for bay area drivers. catherine , kron 4 news. >> coming up, more changes to the bay brid
for being on booktv. >> from the fourth annual boston book festival, a panel featuring author edward glaeser. it's about an hour, 15. >> good afternoon and thank you very much for coming to this auditorium today. let me introduce myself, i'm bob oakes from morning edition on wbur, boston's npr news station. [applause] thank you. thank you. i'm sure some of you are saying, wow, that's bob oakes? [laughter] i thought he was taller -- [laughter] i thought he was thinner, i thought he had more hair. [laughter] and, you know, the funny thing is that all those things were true last week. [laughter] let me thank all of you for coming here this afternoon and thank the boston book festival for having us. don't they do a nice job? isn't this a terrific eventsome. >> yes. [applause] >> let's also thank the plymouth rock foundation for sponsoring this particular session and say that without their generosity, it would be hard to put on events like this that add to the cultural life that we all enjoy in this great city. so so thanks to them. [applause] and in a way that's what we're here to talk about thi
to me. it's men in power, thinking they can get away with it, bill clinton, john edwards, newt gingrich. one after the other. men in power think they live by different rules, that's why he deserves to be top of the chart. >> let's turn to the royal family. even the royal family couldn't escape the list. >> well, absolutely not. and in this case, though, prince harry, the kid's had trouble after trouble. if you invite a bunch of people to your room, get drunk and play strip poker, allow them to take pictures, you're going to be in the press. you're going to be in the tabloid. he's a horrible prince harry in that regard. the duchess unfortunately for her, had some expectations of privacy, she was alone on a french villa. they used long lenses to take pictures of her. that's why he deserves to be in the media, she doesn't. >> is it a double standard, because he's a guy. everyone said, you know what, they kind of brushed it off a little bit. if a woman, a female member of the royal family had taken pictures like prince harry, it would be quite a different story. >> i think it would be, but
-- >> this is the most graphic creeping testimony i've ever heard. >> they convicted john edwards on one count, accepting illegal campaign contributions. >> while i don't believe i did anything illegal, i did an awful lot wrong. >> secret service agents partied hard. >> the government is investigating reports of unprofessional behavior. >> the fbi uncovered evidence of an affair between petraeus and his biographer paula broadwell. >>> his resignation happened so fast and unexpectedly one senator said it was like a lightning bolt. >>> three weeks after the shooting death of a 17-year-old police have now arrested george zimmerman. >> if i had a son, he'd look like trayvon. >> i just have to say my son was in fear for his life. >> we're going to get to the bottom of exactly what happened. >>> 911, where's your emergency? >> we just had a shooting at our school. we need to get out of here. >> victims in chardschaachardony there's no reason why he should have shot them. >> no parent thinks about picking out a casket. >> picking out a casket for your son. >> we are following a mass shooting overnight inside a
from "60 minutes" on the project along with actors matt damon don cheadle and edward norton. it will be on tv next year. >> bill: al gore involved with this? >> i do not believe so. >> he should be. >> bill: he should be. >> president obama welcomed members of congress to the white house for a christmas party last night. interesting to note this is the fourth straight year where they've taken time out for holiday cheer while being on a strict deadline on huge legislation. the fiscal cliff likely wade for awkward conversations around the eggnog last night. >> bill: i'm sure when john boehner had his picture taken with the president. >> oh, yeah. >> bill: how are we doing here john? >> rick santorum has a new job. the former senator and failed presidential candidate will write a weekly column for the conservative world net daily site. ceo joseph made the announcement yesterday saying santorum will continue to go to bat for conservatives who feel their voices aren't being heard. >> bill: i cannot criticize r
sickness. she was smiling when she left king edward hospital this morning with prince william by her side. she is heading to kensington l palace forry short rest period. >>> grammy nominations are out. kelly clarkson is out for two of the biggest awards, song of the year and record of the year for her hit "stronger." six artists tied for the most nominations with six a piece, kanye west, jay-z, frank ocean, mumford and sons, and the group fun. are you a big ocean fan? >> i'm a big frank ocean fan. hope he cleans up. that would be nice. >>> our team this morning, jim frederick is with us, international editor of "time" magazine. abby huntsman is back, the daughter of former governor john jon huntsman and host of huffpost live. roland martin host of "washington watch." and zoraida sambolin sticks around. let's talk about pot. how about that for a sharp turn? it became legal in washington eight hours ago. it's still illegal in the federal government's eyes. they had a celebration in front of the space needle. miguel marquez is joining us with an update on how that went last night. >> repor
. i think both of you. ms. edwards. >> thank you, mr. chairman. i want to thank all of our witnesses today and particularly thank secretary lahood. i understand it's your birthday. i don't think i would've chosen to spend my birthday with you, but i'm glad you've chosen to spend your birthday with us. particularly to the chairman for holding this hearing and discussion today about high-speed rail. we had a chance to begin a half ago to go up to new york and less amtrak, but it just took forever. i do share your view and that of ms. norton that we have a really densely populated corridor in the north east that requires her best development of high-speed rail. i don't think that has to be, nor should it be at the exclusion of development of high-speed rail and other quarters of the country. when i think about a trip that i took many years ago with my son from paris to the dirt on your region in france going from a densely populated urban area to a rural and mountainous region and high-speed railways and excluded the mayor. so i think the same can be true of areas around the central coa
idea to have armed edwards in school. -- armed guards in school. the n.r.a. said they would train these people with an unlimited budget. but they stop way short of -- yes, video games and violence in our society, kids playing on these video games and the movies and the music. when i was young, we were not allowed to watch "the untouchables," eliot with robert because my parents thought it was too violent. my parents thought. and now we've come to this. there's no reason these guns should be available for sale. they have no place in the sporting arena or no place in the hunting arena and they are good for one thing. so it's high-capacity magazines, the caliber of that and the amount of bullets that you can shoot in a short amount of time, it's only good for one thing. get rid of them and let's meet in the middle. host: tpwhob lake area, pennsylvania. we have more from the news conference with n.r.a. executive director wayne lapierre, and we want to show you what he said about blaming the attention of the media. the media gives to killers and criticizes the lack of a national databa
john kerry. kennedy, of course, is the son of the late edward m. kennedy and made the announcement yesterday despite the fact he was thinking about it, grateful for all the support and people prodding him to do it, he won't do it just yet but did leave the door wide open for a possible run later. >> instagram is hit with what could be the first class action lawsuit over anger at its new terms of service. in a proposed class action suit filed in san francisco, a california instagram user accused the photo-sharing site of bach of access. it was suggested they would now have the right to sell your photos for use in ads without compensation. instagram's founder backtracked on that later after a massive backlash. >>> in the wake of the newtown massacre, a newspaper in upstate new york has actually published the names and addresses of all handgun permit holders in westchester and rockland counties. privacy advocates are now fuming at the journal news. the newspaper editor says it doesn't mean that there's a gun at that location but that someone there is licensed to have a gun. an interes
's a rather questionable judge of character. he pinted john edwards to be his running mate in 2004 and he gushed over bashir al assad. he's been silent ever since about what's going on in syria. >> brian: the president has been hands off with the state department b. who knows. let's talk about the senate seat he would leave behind. they have 160 days to fill it. scott brown lost by eight. but scott brown favorables in massachusetts were very high. >> right. what happened is that he was elected to replace ted kennedy in a unique january election. there were only 2.2 million voters turned u. this past november was a presidential year. extra million voters turned out. those are the people rush calls low information voters. he brown got 350,000 more votes, but got swamped by elizabeth warren. niece pretty good shape, unless the governor appoints somebody and there is no primary. what scott needs is a divisive democratic primary like he got in 2009 after ted kennedy's death. >> brian: you said you spoke to him last night. what does he see as a scenario that could happen, 'cause people are talk
. it is at supersonic for reentry. the reason it does is that mike adams got killed while i was working at edwards during reentry. he did not have the pitch accurate within about that much range and he did not have the yaw accurate within about that much rain, and that haunted me. i thought that was the reason we would not have commercial space flight. the pilot for spaceshipone reentry -- by the way, there is not autopilot. the only thing controlling those controls are the rudder pedals on a mock 0.3 airplane. you have the electric fin on the tail. just like a piper cub. [laughter] weird, huh? you could be at apogee in spaceshipone, eat your lunch, handoff, and do as a free entry -- safe reentry. you're not putting yourself at risk like mike adams put himself at risk. this is just a picture is google earth. out to the right is the white knight climbing 50% more altitude than an airliner. going up about 50,000 feet. from up there, about 70 miles, you're looking on the horizon. this is why we stopped flying space ships. i wanted to fly one every five months to show reliability and cost for future s
in children. erica edwards has the story. >> these kids are doing their own thing on the playground. here they are competing with one another in a virtual world. this is combination computer game, social network and real world exercise. >> our idea is not to say that technology is the problem but rather embrace it and say it could be part of the solution. >> kids wear a power band that contains a three axis accelerometer. >> you swipe it into a base station that wirelessly upthere's the our website. >> on the website, the kids see which of their friends scored the most exercise in a day. >> i did not notice smack talk. >> although bragging rights are involved, kids can only communicate with their friends by selecting a predetermined list of positive phrases and virtual high fives. it targets the 8 to 13-year-old crowd and child obesity experts say it's during this period that physical activity plummets. >> it's a vulnerable period during the middle school transition and parents may have to work harder to find children outlets for activity. >> the cool thing is that you don't have to be a
's the problem. >> alisyn: it's edward wolf and i said-- interestingly, another little tidbit in this study that he did, which is that for the top 1%, the net worth has skyrocketed, it's gone up 71% for the top 1% you've heard so much about, so the discrepancy between the middle class and the upper echelon is bigger than it's been and that may be what president obama is clinging to in his principle that on those people, it's time to raise the taxes. of course, they're just the 1% and maybe would say the that the 250,000 bar is too low for most of the country. >> dave: as for that proposal, more and more lawmakers from georgia, congressman woodall doesn't think too highly of it, in fact, equates it to nothing. watch. >> this is a giant blank sheet of paper. it's absent of any information whatsoever, because so, too, is the president's proposal for tackling the real economic challenge we have here. the real budget deficits and the real threat to economic superiority in this world, out of control federal spending. of the president of the united states, the president for four yea years, no cred
will marry a cutout of robert pattinson's character edward cull cullen. the story has grown mockery but the student is doing it as a thesis project, as a commentary on the two sides of las vegas, the real and the fantasy. she is buying a cake, rented a chapel on the las vegas strip and even planned a bachelorette party. >>> the kept did i center honored luminarieluminaries. the president and first lady attended the evening hosted by caroline kennedy which featured tributes raininging from robert deniro to bonnie raitt. the president quipped about the lifetime achievement awards. >> we continue a tradition by honoring extraordinary people who have no business being on the same stage together. we've got dave letterman alongside one of the greatest ballerinas of all time. i don't think dave dances. i worked with the speechwriters, there's no smooth transition from ballet to led zeppelin. we are trying to work the stairway to heaven metaphor and it didn't work. of course these guys also redefined the rock 'n' roll lifestyle. we do not have video of this. there were some hotel rooms tras
candidate, at one point, from hillary clinton to barack obama, from john kerry to john edwards, all of them, they all played for their plan with this simple phrase, "rolling back the bush tax cuts." they've been doing it for eight years. so politically, that's why the president has to draw that line in the sand. >> he draws that line in the sand, but harold ford, what happens when republicans, at least a small number of them, go ahead and raise taxes on the top 2% and then turn to the white house and say, okay. now we'll move. and then they have to talk about how they're going to slash spending in medicare, to save medicare, how they'll have to slash spending in medicaid to save medicaid. their political problem on the other side of this tax debate is so much bigger than the republican problem. they're being too clever by half here. >> both sides have complicated hands. and if the democrats, we achieve what the president and some democrats in the senate are asking for in a narrow way around taxes, you're absolutely right. just as an aside on the bush era, this is the first time we didn't go
at cuss finch is it, andrew? >> here we go. >> it's not the public defender's office, it's john edwards, and $100 million net worth. >> correct. so big payday for law firm and toyota deal. the big firm, of the winner, hagans berman. do you know them? >> no. >> seattle based law firm that serves as the lead council in the class action set to receive more than $300 million. not bad work if you can get it. >> how much? >> $300 million. taking a third. a little less than a third. >> -- magnetic business cards as the ambulance passes by. >> right. >> i would buy some stock in those today, right? for these guys. you wonder why texas is doing a little built better. because they have put in some rules in place. i'm sorry. >> no. >> you come from a lawyer. >> i do. but we -- my dad doesn't have magnetic business cards. we don't do ambulances. >> no, you were on the good side of things, wasn't he? >> most of the time. >> all right. not all the time? all right. yeah, you did have that sign, i forgot, from the smoker's litigation, where did that -- asbestos? where did that come from? >> the steinwa
bella and edward. it's a movie, people. grow up. >> this is a year of big movies. "lincoln" and all the rest. >> like "skyfall" will be the highest grossing james bond movie. >> les miserables. >> it came out. you missed it on christmas day. >> you're right. >> get to the movies. >> i'm so drunk in advance of new year's eve. >> let's talk about other hollywood relationships. >> yes. obviously -- kristen stewart and rob pattinson, and katie holmes and tom cruise broke up. >> a lot of people speculated that that might be, but the way it happened so quickly and then the way it was over. >> yeah, yeah. >> they almost cut the deal done within a night. >> she cut her ties, and she ran off to new york. she was -- she's on broadway already. >> yeah. >> but obviously people think having to do with scientology. they obviously it was a very public split. that was a major one. then chris brown and rihanna, that is just -- >> i'm over that one. >> the two of them, it's hard to really understand it. you know, they seem to be drawing back to each other. they keep -- >> she might be smart enough to
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